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Daily Play Ace SpectrumSo the idea of the Daily Play Ace Spectrum is to extend the Ace Spectrum . By exposing more parameters, making a variation of the Ace Spectrum which is more configurable. The idea is this makes the Daily Play Ace Spectrum more suitable for use on shorter (hourly and minute) time scales. These specific parameters exposed still maintain the original form of the original Ace Spectrum, but loosen up the hard coded assumptions of the original indicator. By exposing more parameters this now makes the Daily Ace Spectrum more sensitive to input. Meaning the parameters you choose are important and will set the characteristic reaction of the indicator to the series you give it. This presents a trade-off, the simplicity of the original indicator is sacrificed. But what's gained is a more comprehensive indicator that now needs more careful parameter adjustment . Related to the Ace Spectrum:
Pine Script™ indicator
by sheganinans
10
Candle checker for long/short for scalping/day tradingHey. This strategy is still in working. For it I check a x amount of candles in the past if they been for example all red/green in row, and based on that I enter. For example candle 7 < candle 6 .... candle 3 < candle 2 .... candle 1 < candle current for long and viceversa for short. After that,once the trade is initiated, I exit based on 2 possibilities : candle color is different than the color of candle when entry, or based tp/sl. Let me know what you think of it. I will try to make the process to calculate automatically and input the number of candles to check like 5-10-15 and so on.
Pine Script™ strategy
by SoftKill21
Trend trader StrategyFirst I would like to thank to @JustUncleL since this strategy started from one of his scalper strategies This strategy can be adapted to all time charts . First it has the session where we want to trade, for this example I choosed the EURUSD so I only take in consideration london/neywork session. Its made from 3 EMA : normal slow ultra slow It has has the capacity to use HA candles into consideration if its needed. At the same time we have a price channel made from faster MAs, that act like a bollinger band . Together with all of them, we establish which trend we have if its uptrend or downtrend Then we check the candles if they are below or above the MA , and based on the condition if they crossed recently we can suggest if its a buy or a long condition At the same time we have 2 options of stop conditions: Through a trailing stop made from ATR or % based And second, a SL/TP made from pip points or % based. For this example I used % based. Let me know what you think about it, and if you found some nice settings for it. So far I only adapted to EURUSD 1 min time.
Pine Script™ strategy
by SoftKill21
20 EMA Daytrading Strategy20 EMA Daytrading Strategy This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%. BUY When a green candle crosses above 20 EMA Followed by another green candle which closes above the previous candle high SELL When a red candle crosses below 20 EMA Followed by another red candle which closes below the previous candle low Stop loss at ATR + 5 Take Profit at 1.3R
Pine Script™ indicator
by vishnuashok123
14
eha Moving Averages StrategyMoving Average based strategies are very popular ones among both long-term investors and short-term traders as they can be tailored to any time frame. One of the main moving average strategies are crossovers. The very simple type is a price crossover , which is when the price crosses above or below a moving average to signal a potential change in trend. Another strategy is to apply two moving averages to a chart: one longer (or slow) and one shorter (or fast). When the shorter-term MA crosses above the longer-term MA, it's a buy signal, as it indicates that the trend is shifting up (also known as “ Golden Cross ”). Meanwhile, when the shorter-term MA crosses below the longer-term MA, it's a sell signal, as it indicates that the trend is shifting down (which is also known as “ Dead/Death Cross ”). This is a study to find a suitable trading strategy for 4-6 hour time frames. As you can see the performance is currently very poor. It has just generated almost 90 trades in a very long period from January 2017 to the time of publishing the study for the first time. Moving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions. Adjusting the time frame can correct this problem temporarily, although, at some point, these issues are likely to occur regardless of the time frame chosen for the moving average(s). I am working on this basic strategy to make its performance better and I will update the post in the future. So keep in touch by following the post. Why have I republished my study? It sounds like TradingView stores and indexes scripts based on the title of the post rather than the actual title of the scripts and if one chose general terms as the title of the post, the TradingView script search engine may be unable to find it. So I decided to repost the strategy with a more searchable and unique prefix of " eha ". Please provide me with your precious feedback.
Pine Script™ strategy
by ehsanha
EMA_BB_DAYOFWEEK updated my on screen options added chris moody's day of the week - added that option so that day range can be seen easily - credit to chris moody. also have favoured EMAS and bollinger band so that 3 indicators can be used on accounts with 5 indicator options. colours can be changed in the script so ones that suit white back grounds or can save a template once you have what you are after. hope this helps traders out there with seeing levels and EMA turning points. cheers
Pine Script™ indicator
by Jimmyrockhard
Guth_3X_ConfirmThis indicator has three built in indicators based on the SMA of HIGH, SMA of LOW, and Stochastic. The baseline indicator is the retreats after departures from SMA of HIGH and LOW. The first time a HIGH that is above the SMA HIGH has a lower HIGH but it still above the SMA HIGH, a (-) will appear at the bottom. This signals an aggressive entry point for potential coming downtrend. The second time the HIGH produces a lower high but is still above the SMA HIGH, a (S) will appear at the bottom which signals a more conservative entry point for potential coming downtrend. All of the opposite information is true of reversals beyond the SMA LOW. When these reversals appear the same time the Stochastic is overbought or oversold, a red bar (overbought and potentially coming down) or a green bar (oversold and potentially coming up) will appear. NOTE: Aggressive symbols occur more often and will always occur when a conservative symbol appears. When a conservative indicator and respective overbought/oversold level occur at the same time, the bar is darker in color. You can enter positions at any one of the indicators, however, the darker bars are what I look for. This has a high success rate but cannot guarantee results every time. I recommend adjusting the SMA, and Stoch parameters as well as time periods. I have had success with this indicator while day trading the 5, 10, 15, 30, 65 minute periods as well as daily and weekly periods. Every symbol traded can provide differing results based on the parameters used. Please feel free to leave feedback and I know this can work well for you!
Pine Script™ indicator
by StockSignaler
5
JPY GBP ROCsRate of change of most volatile JPY and GBP pairs. All pairs ending in JPY are red except GBPJPY (colored yellow --currently most volatile 7/2016). GBPNZD is blue, the other GBP pairs are green, lime and teal. GBPJPY and GBPNZD are my favorite day trading / swing trading pairs. This script allows me to see the action of the most volatile and liquid pairs on one screen. JPY pairs (ex-GBPJPY) are all red so that I see the flow of JPY not so much each pair and its name. Global movement of JPY is what I am after. Same for the coloring of GBP pairs as green expect GBPNZD as blue. ***** EURGBP is plotted as an opposite (with a negative in front of its sma. EURGBP is extremely correlated to GBPNZD, I decided to plot it also.
Pine Script™ indicator
by forexpirate
2
Forex Master (EUR/USD)ATTENTION: This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses. BACKTEST CONDITIONS: Initial equity = $100,000 (no leverage) Order size = 100% of equity Pyramiding = disabled TRADING RULES: Long entry = EMA20(RSI10) cross> 50 Profit limit = 50 pips Stop loss = 50 pips Short entry = EMA30(RSI30) cross< 50 Profit limit = 50 pips Stop loss = 50 pips Long entry = Short exit Short entry = long exit DISCLAIMER: None of my ideas and posts are investment advice. Past performance is not an indication of future results. This strategy was constructed with the benefit of hindsight and its future performance cannot be guaranteed.
Pine Script™ strategy
by Stable_Camel
2